Strategic Management Objectives Research Articles

Improving the Strategic Aspect of Federal Land Management

Federal land management is an integral part of land management. Improving the strategies within the Federal Land Commissioner’s office (FLC) would provide a more improved approach in federal land management. This research identified the current corporate and business-level strategies implored to address federal land management. The implementation of strategies differs vastly from the theories and the lack of continuous improvement steps within the organization has affected the organization to successfully evaluate the strategies and to exploit the strategic advantages that the FLC has. FLC could implement the recommendations provided to chart a more comprehensive strategic management objectives and goals in providing a better service delivery in the context of federal land management.

Segmentary analysis of the efficiency of state enterprises

The purpose of the article is to substantiate the main stages and directions of analysis of the activities of state-owned enterprises by operational and geographical segments, taking into account the goals and objectives of strategic management. The information base of the empirical study was the data of the official website of JSC “Ukrzaliznytsia” for 2020. The methodological and methodological basis of the study is the National Accounting Regulation (Standard) 29 “Financial reporting by segments” and International Financial Reporting Standards (IFRS) 8 “Operating segments”. The following methodical methods were used in the course of the research, namely: methods as comparison, modelling, time series, structural and dynamic, graphic and coefficient analysis. Based on the proposed methodology, the efficiency of JSC “Ukrzaliznytsia” is analysed and the problematic operating segments of its activities are identified, which reduce the overall financial results of the company. The results of the study are the improvement and systematization of analytical indicators in terms of individual stages and areas of strategic analysis of the effectiveness of state enterprises through the differentiation of performance evaluation of their operating business segments. For this purpose the main stages and directions of the analysis on the following analytical blocks are offered: the analysis of external environment of functioning of a business segment; analytical assessment of the competitiveness and competitive position of the business segment; analysis of resource potential and efficiency of production capacity of the business segment; assessment of innovation and investment activity of the business segment; analysis of the efficiency of the business segment; analysis of the state of execution of budgets of revenues, expenditures, profits; analysis of management efficiency and quality.

Identifying Urban Tourism Development Challenges in Mahikeng

This research aimed to identify urban tourism development challenges in Mahikeng. Using a quantitative research method, a self-administered questionnaire was developed and distributed online. A database consisting of active tourism product suppliers in Mahikeng, obtained from the Department of Economic Development, Environment, Conservation and Tourism (DEDECT) was used. Fifty-two completed questionnaires were returned out of 60. To reach the aim of this study, descriptive statistics and an exploratory factor analysis (EFA) were done, which yielded four factors: provincial-level management challenges, national-level management challenges, municipal-level management challenges, and private sector management challenges. There is a lack of coordination and planning among different departments of government, while the private sector is heavily relying on government support. Through these results, tourism product suppliers in Mahikeng can strive towards self-motivation and form tourism associations. Government can revisit their tourism strategic management objectives to overcome the identified challenges and, in turn, ensure sustainable urban tourism development in Mahikeng.

СИСТЕМАТИЗАЦІЯ ВИТРАТОУТВОРЮЮЧИХ ЧИННИКІВ ДЛЯ УПРАВЛІННЯ ВИТРАТАМИ ПІДПРИЄМСТВА НА ТАКТИЧНОМУ ТА СТРАТЕГІЧНОМУ РІВНЯХ

The article attempts to substantiate the key approaches to the systematization of cost-driving factors from the enterprise cost management perspective (tactical and strategic) and offers a definition to a factor concept. The study presents the existing scientific approaches to the classification of cost drivers as well as an interpretation of cost-driving factors. Groups of structural factors within internal and external environment that affect enterprise costing have been identified along with revealing the character of such influence, i.e. whether they provide a direct indirect effect on the company expenditures. Given the tactical and strategic management objectives, the authors suggest systematization of all cost drivers into two groups. In particular, tactical management covers the following factors: output scale, product range, company cost management methods, qualification of personnel, and depreciation accrual. Within the scope of this study, strategically critical factors are represented by organizational business pattern of production, technology level, lack of brand awareness for domestic products, inflation rate, average salary range, low solvency, high costs for raw materials and energy, high tolls, import dependency, strong market competition, low demand, lack of government support, excessive tax burden, frequent changes in tax legislation, high loan interest rates, unfavourable investment environment, poor networking between domestic enterprises in complementary industries, small share of medium-sized businesses or small business alliances. In addition, in the frameworks of strategic cost management, the study offers to classify the cost drivers into the following groups: economic, market- or tax-based, financial and systemic. Apart from that, the relationship between individual cost-driving factors has been revealed. The findings argue that strategic cost management has a number of limitations associated with certain challenges to attain accuracy in forecasting change in factors for successive periods.

Analysis of Meituan's Acquisition of Dianping

In this paper, we first analyzes the industrial background of two Internet companies, Meituan and Dianping, and then analyzes the reasons for Meituan's acquisition of Dianping. Secondly, the article introduces in detail the merger and integration process of two Internet companies, Meituan and Dianping. After the integration, the existing performance of Meituan was analyzed. Through the above-mentioned process of Meituan's acquisition of Dianping. It is not difficult to find that in the process of strategic integration, it is not only the decision of the enterprise's strategic plan, but also the integration of the strategic management ideas behind the enterprise. The two enterprises are integrated into the same strategic acquisition company from different strategic management objectives. It is necessary to have a unified strategic integration idea in the middle to support.

Стратегические направления и инструменты управления агроэкономическим развитием региона

The article reveals the issues related to the processes of development and implementation of the strategy of management of agro-economic development of the Kabardino-Balkarian Republic. The characteristic features of the agrarian sphere are highlighted, which determine the need to strengthen state regulation of the development of the regional agro-industrial complex (AIC). A systematic analysis of trends and directions of development of the AIC of the region was carried out, regional features and problems determining the prospects of agro-economic development were identified. Strategic priorities and directions of development of the agricultural sector of the region’s economy, taking into account its main competitive advantages, are substantiated. The instruments of state support for sustainable agro-economic development of the region are considered. The concept of management on an innovative basis is proposed, the key goals and objectives of strategic management of the AIC of the region are defined.

Are riparian buffers surrounding forestry-impacted streams sufficient to meet key ecological objectives? A Swedish case study

In many national guidelines and policies regarding protection of freshwater systems from stressors associated with forestry, riparian buffer width is a commonly prescribed strategy, typically with no other refinements of protection measures. In Sweden, the Strategic Management Objectives (SMOs) were developed to ensure that riparian buffers that are left after harvesting sustain important ecosystem attributes in aquatic systems, referred to as objectives, namely shading, biodiversity, reduction of sedimentation, and provision of deadwood and food. However, little specification is given on threshold targets or how to manage riparian zones to effectively provide these objectives. In this paper, we evaluated whether existing riparian buffers of different widths along small, recently harvested (<8 years) streams were able to provide proxies of these targeted objectives, and further compared harvested streams to counterparts situated in mature unharvested production forests (reference) in northern and southern Sweden. The influence of buffer width varied with objective and geographic location. In both regions, canopy cover (proxy for shading) increased with riparian width, and riparian deadwood was highest in no buffer sites. Organic matter (OM; proxy for food) was highest in the northern no buffer streams, while in the south OM increased with buffer width. All other parameters tested had no relationship to buffer width. These differing responses even in streams subjected to similar land-use and management within a close vicinity and region, suggest that the contemporary strategy of prescribing fixed buffer widths and/or stating objectives without defined guidelines for what constitutes an effective riparian buffer is insufficient given the large variability of stream ecosystems across small spatial scales. More comprehensive consideration synergistically accounting for site-specificity and land mosaic planning are needed to develop functionally effective buffers that can mitigate forestry impacts on stream ecosystems.

Нефтегазовый комплекс Сахалинской области: состояние, проблемы, вектор стратегического управления

The oil and gas complex of the Sakhalin region is the core of the island regional economy system, which is developed in accordance with Federal law No. 473-FZ of 29.12.2014. "On territories of advanced socio-economic development in the Russian Federation", which provides for the formation of a favorable environment for attracting investment, accelerated economic development and the creation of comfortable conditions for human life. Achieving this goal is possible in conditions adapted to the goals and objectives of strategic management, technology allows the identification of problems and justification of possible ways of their solution Presents original research results on the identification of main problems and possible ways of their solution in the framework of the strategic management of oil and gas complex of Sakhalin region.

КЛЮЧОВІ АСПЕКТИ ПРОЦЕСУ УПРАВЛІННЯ ПОСЕРЕДНИЦЬКОЮ ДІЯЛЬНІСТЮ НА ПІДПРИЄМСТВАХ, ОРІЄНТОВАНИХ НА ЗОВНІШНІЙ РИНОК

The article reveals the basic theoretical aspects of the process of managing intermediary activities in enterprises that are focused on the foreign market. The essence of the concepts of intermediary activity in foreign economic activity and management of this activity is substantiated. The first of the above concepts is the implementation of foreign trade activities through trade agents-intermediaries, who perform intermediary functions on behalf of suppliers or buyers. Disclosure of the essence of the actual management process of this type of activity is based on identifying strategic management objectives, which are to determine the benefits of economic and social development in the implementation of innovation, investment and foreign economic activity of enterprises. In general, it is determined that the process of management of intermediary activities is based on such strategies as protectionism, competitiveness, integration. The essence of these strategies in relation to the process of management of intermediary activities at enterprises engaged in foreign economic activity is revealed. The theoretical essence of the category «mechanism» is specified from the point of view of its «duality» on the basis of the structural-functional approach concerning studying of this economic term, on an example of a separate case of the control mechanism. Thus the basic stages of process of management of intermediary activity are formulated, namely: Setting development goals; Assessment of the current situation; Identify key issues; Development of management decisions; Determining the composition and interacting resources; Calculation of economic efficiency. The structure of the management mechanism is revealed in the generalized kind which is presented by the following elements: functions and principles of management, means of realization of administrative influence and practical realization. Thus, the article defines that the mechanism of management of intermediary activities in enterprises engaged in foreign economic activity should be understood as a set of different forms, legal, economic, administrative methods and tools that interact and complement each other and perform the function of deterrence and stimulation in interactions. and successful implementation of foreign economic activity of enterprises.

Managing the Digital Transformation, Strategic Management, and Tactical Actions to Implement GFMIS: an Egyptian case study

Purpose - This study was designed to show whether there is compatibility between the tactical actions to implement GFMIS and the strategic management objectives for digital transformation in Egypt Vision 2030. Specific aims: The aim of this study is to review and evaluate the tactical steps taken to implement GFMIS. Design/methodology/approach - The study uses an interpretive case study in which the government has imposed GFMIS. A search of the English literature addressing Digital transformation; GFMIS; TAS; E-payment and related topics were conducted using online resources and databases accessed through the Egyptian Knowledge Bank – EKB. Findings - The study recognizes that the implementation of GFMIS may have emerged primarily in order to raise transparency and institutional efficiency of governmental institutions to achieve the third dimension of the strategy, which is the economic dimension. Findings reveal implementing GFMIS requires modification of existing administrative doctrines. Based on a review of the theoretical and methodological rules and procedures and their re-enactment. As a result, some laws and regulations have generally been modified to comply with the automation process. Moreover, achieving integrative, emerging, and qualitatively new practices at the organizational level depends not only on technologies but also on modifying the existing societal context and existing relationships between employees. Originality/value - This study fills a gap in the literature, as it examined the tactical actions to implement the government financial management information system by the Ministry of Finance. As one of the programs to implement Egypt Vision 2030. Recognized weaknesses of GFMIS implementation in this paper can help to reshape plans for raising the quality of implementation.

Machine learning as a tool for choice of enterprise development strategy

One of the main objectives of strategic management is the development and selection of strategies to achieve the desired results. The main goal of this paper is the analysis of the main domains or areas of machine learning application to support the process of strategic planning and decision making. The scientific methodology of the research studies is methods and procedures of modeling and intelligent analysis. This is theoretical and empirical paper in equal measure. This paper deals with the issues of machine learning implementation and how intellectual models and systems can be used to support the process of strategic planning. At the preprocessing stage on the basis of a modeled base of examples of strategy options, the use of clustering methods for forming groups of similar parameters that influence the choice of strategies and groups of similar enterprise objects, each of which has a certain type of strategy, is demonstrated. On the next step the selection of ranked characteristics that affect the choice of strategy is made. At the stage of solving the problem of choosing strategies, module Classifier Learner from MatLab 2018b is used.

Investigation of the mechanism of interrelation between accounting and budgeting in the enterprise management system: the strategic aspect

The results of recent researches of scientists are analyzed and tasks, principles, functions of budgeting are defined. Different views of scientists on the concept of «budgeting» are reviewed. The place of accounting and budgeting in the system of strategic management of the enterprise is determined. The influence of accounting and management accounting, the possibility of integration with the components of the management system for achieving strategic goals are identified. The elements of the organization of accounting and the sequence of reporting on the responsibility centers in the system of budgeting the company's expenses are determined. An information interrelation between budgets, target cost and cost norms is determined, to facilitate the control of resources, the accuracy of budgeting. The tendencies of the process orientation of budgeting are studied. Internal and external factors affecting the implementation of strategic management objectives that provides information collection and uses accounting for strategic decisions are reviewed. The expediency of formation of information-analytical support of the budgeting department, which actualizes the problem of the formation, use and storage of information, is justified. The interrelation between budgeting and accounting is a subsystem of the general enterprise management system. According to the projections of the planning and control functions of the general management system, budgeting systems are budget planning and budget control. The interrelation between the purpose, tasks, functions, principles and methods of budgeting organization can be identified through a combination of functional and system approach. The advantages of the mechanism of interrelation of budgeting and accounting are formulated, namely: – accuracy of the expected volumes and structure of costs; – determination of the amount of funding; – systematically engage in marketing to develop more accurate forecasts of available resource opportunities, etc. Investigation of the mechanism of interrelation between budgeting and accounting in the system of enterprise management can be useful in the period of sustainable development, revitalization of economic processes in industry, use of tools to reduce costs, introduction of integration management capabilities.

Introducing landscape character assessment and the ecosystem service approach to India: A case study

Landscape Character Assessment has provided the context for land use planning decisions and for identifying priorities for environmental restoration and enhancement in England since the 1990s. Increasing awareness of the importance of ecosystem services has led to the method being refined in order to enable informed management of change, with the inclusion of socioeconomic data and the identification of strategic management objectives providing an integrated approach to sustainable development in a changing This research, funded by the British Council UK-India Education and Research Initiative (UKIERI), was prompted by concerns expressed by ecologists about the increase in the extent of an invasive plant species, Prosopis juliflora, in the district of Kachchh, Gujarat. A combination of Landscape Character Assessment and participatory appraisal were used in order to produce a Natural Character Area profile for the coastal plain. The process revealed that concerns regarding the spread of Prosopis were outweighed by its socio-economic importance as a source of fuel, charcoal, honey and gum. Their most pressing concern was the impact of recent industrial development on the environment, in particular water abstraction and pollution, crop predation by livestock and increasing soil salinity.

Opportunities to improve the methods and forms of the strategic management in the system of secondary education

The article discusses the relationship of strategic management objectives in the general secondary education with the methods and forms of its achievements. As the strategic objective of secondary education serves the reorganization and optimization of compulsory secondary education and increase the possibility of non-formal education received by students outside of school. We consider some examples to support a specified purpose and expressing its specific advantages and disadvantages. Three main types of learning processes. The first – an arbitrary, non-structured learning process through which a person throughout his life acquires most of the knowledge and skills. The second – an informal (or non-formal) education. The third – the formal (school) education. It is shown that the trajectory changes in the content of the formal secondary education in Russian. The basic methods of strategic management of secondary education: funding and administration. The main forms of financing of secondary education on an example of the Voronezh area: financial services strategy; strategy to reduce the share of inefficient charges; Roadmap strategy. The directions of improving the financing of public services of general secondary education: optimizing the distribution of students in educational institutions; optimization of wages of teachers, depending on the population density in classrooms; optimization roadmap in education; Optimization of interaction of educational institutions with municipal and public services; optimization of per capita funding by region. The basic form of the administration of secondary education: a strategy of introduction of new federal education standards, the strategy of horizontal integration secondary educational institutions; management strategy through the levels of hierarchy; distance learning strategy. The possibilities of improving the administration of the main forms of secondary education on an example of the Voronezh region and other regions of Russia.

STRATEGIC MANAGEMENT DEVELOPMENT INDUSTRIAL COMPLEX PROCESS BASED APPROACH

This paper focuses on new approaches to strategy development management industry. The task of achieving the objectives of strategic management of enterprises can be achieved through the development and practical application of a process-oriented mechanisms and methods of strategic management in a systematic manner.

Examining the building selection decision‐making process within corporate relocations

PurposeThe aim of this paper is to consider the complex decision‐making process involved in corporate relocation and the validity of a tool designed to improve the objectivity and strategic management of this process and to change the focus of the decision upon the strategic management objectives rather than the real estate deal.Design/methodology/approachThe authors identify the progression of the decision‐making process; disaggregate components of that process; and evaluate a tool designed to improve the decision‐making process.FindingsThe size of the organisation can have a significant impact on the building evaluation and decision‐making process, smaller firms with less resources are more likely to make the relocation decision based on “gut feeling” rather than detailed evaluation. However, with increased transparency, accountability and corporate social responsibility, decisions based on more rigorous and objective approaches are being demanded. The evaluated tool facilitates a more objective approach and shifts the focus from a real estate to a business decision.Practical implicationsCorporate real estate managers can use the information to evaluate their own decision‐making processes against the framework of the tool and decide if it may be applicable to their context.Originality/valueThe paper fills a void by examining the decision‐making process from a fresh perspective, updates the thinking by providing a contemporary tool which has been beta tested with students and is about to be piloted with corporate clients.

Objectives of strategic management of technology in a conceptual framework of enterprise practise

Turbulent economic environment and rapidly developing technologies induce major challenge for companies to manage their strategic technological capabilities. In this paper, the objectives of strategic management of technology are discovered as elements in a conceptual framework. Grounded theory is used for the formation of the elements based on strategic decisions of a large enterprise. The elements are classified as product offering, value chain, technology assets, productivity, internal policies and industry relations related objectives enabled by technology. Conforming to conceptions of strategic management, the framework is suggested to provide structure and clarity for practitioners and scholars for application and elaboration.

Factors that determine job performance

In today's context is seeking various solutions to determine that employees receive performance at work. Most of the hand is to motivate people in terms of promoting strategic management objectives. Only that the motivation and objectives involved a number of factors that can influence the performance of employees much more than motivation itself. The case study presented in this study will prove this.

Strategic Management Objectives of Small Manufacturers: A Case Study of the Cheese Industry

AbstractThe structure of dairy processing has changed significantly with declining numbers of processors, increasing firm size, and movement of production out of traditional areas. In order to compete with large manufactures on a noncost basis, small cheese manufactures are turning to the production of specialty cheeses and the use of specific value‐added activities in marketing their product. In this study, we examine the strategic management behavior of these firms. A strategic management typology used in previous analyses of small businesses is applied to a sample of forty‐seven Wisconsin cheese plants. A case study of four representative firms is presented.

Strategic Information Systems: Current Research Issues

To ensure the maximum financial performance of organizations in rapidly changing environments, the coordination between strategic management objectives and information systems capabilities is of fundamental importance. This article proposes a conceptual framework for linking these 2 elements and suggests 10 hypotheses regarding this subject that merit further investigation by MIS managers.